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January 9, 2009



US House Tax Writers To Tackle Housing Issues

WASHINGTON -(Dow Jones)- The U.S. House panel in charge of authoring tax laws will take its crack at dealing with the housing crisis later this week, including possible consideration of a tax credit for consumers purchasing homes.

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Tax increase of 7.8 percent is proposed

Village of Hamburg residents face a tax increase of 7.8 percent, or roughly $80 more for the average homeowner, under a proposed 2005-06 budget unveiled Wednesday.

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EU Parliament Backs Diesel Fuel Tax Plan

The European Parliament on Thursday backed proposals to raise the minimum European Union-wide level of tax on diesel fuel to match the unleaded petrol tax and prevent "fuel tourism."

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